Tag: Freddie Mac

Fannie Mae and Freddie Mac Can Continue to Retain Earnings

Filed in Advocacy, Housing Finance by on January 15, 2021 0 Comments
Fannie Mae and Freddie Mac Can Continue to Retain Earnings

The Federal Housing Finance Agency (FHFA) and the U.S. Department of the Treasury yesterday announced that Fannie Mae and Freddie Mac (the Enterprises) can continue to retain earnings until they satisfy the requirements of the 2020 Enterprise capital rule. Under the 2020 final capital rule, Fannie Mae and Freddie Mac’s combined risk-based capital requirements would have been $283 billion as of June 30, 2020.

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Fannie Mae, Freddie Mac Conforming Loan Limits to Rise in 2021

Filed in Advocacy, Housing Finance by on November 24, 2020 1 Comment
Fannie Mae, Freddie Mac Conforming Loan Limits to Rise in 2021

The Federal Housing Finance Agency (FHFA) today announced that the maximum baseline conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2021 will increase to $548,250 from $510,400.

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FHFA Announces New Capital Rules for Fannie Mae, Freddie Mac

Filed in Advocacy, Housing Finance by on November 18, 2020 0 Comments
FHFA Announces New Capital Rules for Fannie Mae, Freddie Mac

The Federal Housing Finance Agency (FHFA) today sent a final rule to the Federal Register that establishes a new regulatory capital framework for Fannie Mae and Freddie Mac (the Enterprises).

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FHFA Announces Fannie Mae, Freddie Mac Multifamily Loans Purchase Caps for 2021

Filed in Advocacy, Housing Finance, Multifamily by on November 17, 2020 2 Comments
FHFA Announces Fannie Mae, Freddie Mac Multifamily Loans Purchase Caps for 2021

The Federal Housing Finance Agency (FHFA) today announced that the 2021 multifamily loan purchase caps for Fannie Mae and Freddie Mac (the Enterprises) will be $70 billion for each Enterprise. The cap structure allows the Enterprises to offer a combined total of $140 billion in support to the multifamily market.

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CFPB Issues Final Rule Extending GSE Patch

Filed in Advocacy, Housing Finance by on October 20, 2020 0 Comments
CFPB Issues Final Rule Extending GSE Patch

The Consumer Financial Protection Bureau (CFPB) today issued a final rule to extend the “government-sponsored enterprise (GSE) patch” that allows mortgage loans that are eligible for purchase by Fannie Mae and Freddie Mac to receive a safe harbor granted to qualified mortgages (QMs).

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FHFA Extends Support for Borrowers Through Nov. 30

Filed in Advocacy, Disaster Response, Housing Finance by on October 19, 2020 0 Comments
FHFA Extends Support for Borrowers Through Nov. 30

The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac will extend several loan origination flexibilities until Nov. 30, 2020.

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Financial Stability Oversight Council Supports FHFA Capital Proposal

Filed in Advocacy, Housing Finance by on September 28, 2020 0 Comments
Financial Stability Oversight Council Supports FHFA Capital Proposal

The Financial Stability Oversight Council voted unanimously on Sept. 25 to support a resolution in favor of the Federal Housing Finance Agency’s (FHFA) re-proposed capital framework for Fannie Mae and Freddie Mac that was issued this spring. Created by the Dodd-Frank Act of 2010, the Financial Stability Oversight Council is a committee responsible for monitoring the financial system in the United States.

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FHFA Further Extends Support for Borrowers

Filed in Advocacy, Disaster Response, Housing Finance by on September 24, 2020 0 Comments
FHFA Further Extends Support for Borrowers

The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac will extend buying qualified loans in forbearance and several loan origination flexibilities until Oct. 31, 2020. 

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NAHB, Housing, Consumer Advocacy and Banking Groups Oppose Fannie Mae, Freddie Mac Action to Raise Refinancing Costs

Filed in Advocacy, Housing Affordability, Housing Finance by on August 13, 2020 4 Comments
NAHB, Housing, Consumer Advocacy and Banking Groups Oppose Fannie Mae, Freddie Mac Action to Raise Refinancing Costs

In a move strongly opposed by NAHB, housing, consumer advocacy and banking groups, Fannie Mae and Freddie Mac announced they will charge a 0.5% fee on refinance mortgages they purchase as of Sept. 1.

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New Freddie Mac Study Reveals Growing Interest in ADUs

Filed in Economics, Housing Affordability by on July 22, 2020 0 Comments
New Freddie Mac Study Reveals Growing Interest in ADUs

Using the 1997-2019 Multiple Listing Service (MLS) transactions data, a new Freddie Mac study identified 1.4 million properties with ADUs in the United States. The South and West are the fastest growing regions for ADUs, with top markets including Portland, Dallas, Seattle, Los Angeles and Miami.

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